TSLA consolidation before the big move

After a huge run, TSLA is going thru a healthy consolidation - typically post earnings up until its next earnings (2-3 months). Dont buy into the fear mongering hype

Not picture perfect but overall looking to retest the previous breakout zone which could align with the lower trendline

Potential inverse head and shoulders on the weekly

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Nearing 100 sma and previous breakout zone --> Bounce into resistance and create a new low --> create divergence + confluence at the lower trendline

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Also possible to retrace straight to fib target (golden pocket) before any meaningful bounce

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Cycles of the market from the Hekin Ashi viewpoint

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250 resistance next

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Likely testing 250 resistance next week which will ultimately shape up a weekly bear flag --> target fib retracement --> set in the bottom

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If bear flag is negated, tsla will set in a higher low

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Forecast going into earnings